Are companies really leaving their China partners behind, and if so…why are they leaving? Is it export restrictions making life too complicated for certain product lines? Is it the Uyghur Forced Labor Prevention law that makes pretty much any business operating in Xinjiang carry a red flag for importers? What about tariffs? Are companies leaving because of the imposition of Section 301 tariffs set in 2018?
In an interview with CPA, Dan Harris discusses the answers to these questions, including the top reasons clients are leaving China, the difficulties experienced when exiting joint ventures or business entanglements, and the challenges of moving manufacturing locations.